MetLife Company Profile (NYSE:MET)

MetLife, Inc. is a provider of life insurance, annuities, employee benefits and asset management. The Company's segments include U.S.; Asia; Latin America; Europe, the Middle East and Africa (EMEA); MetLife Holdings, and Corporate & Other. Its U.S. segment is organized into Group Benefits, Retirement and Income Solutions and Property & Casualty businesses. Its Asia segment offers products, including life insurance; accident and health insurance, and retirement and savings products. Latin America offers products, including life insurance, and retirement and savings products. Life insurance includes universal, variable and term life products. EMEA offers products, including life insurance, accident and health insurance, retirement and savings products, and credit insurance.

What is MetLife's stock symbol?

MetLife trades on the New York Stock Exchange (NYSE) under the ticker symbol "MET."

How often does MetLife pay dividends? What is the dividend yield for MetLife?

MetLife announced a quarterly dividend on Friday, July 7th. Shareholders of record on Monday, August 7th will be given a dividend of $0.40 per share on Wednesday, September 13th. This represents a $1.60 dividend on an annualized basis and a dividend yield of 3.15%. The ex-dividend date is Thursday, August 3rd. View MetLife's Dividend History.

How were MetLife's earnings last quarter?

MetLife, Inc. (NYSE:MET) announced its quarterly earnings results on Wednesday, August, 2nd. The company reported $1.30 earnings per share (EPS) for the quarter, topping the Thomson Reuters' consensus estimate of $1.28 by $0.02. The firm had revenue of $17.39 billion for the quarter, compared to the consensus estimate of $17.11 billion. MetLife had a net margin of 0.30% and a return on equity of 8.51%. MetLife's quarterly revenue was up 2.5% on a year-over-year basis. During the same period last year, the company posted $0.83 EPS. View MetLife's Earnings History.

When will MetLife make its next earnings announcement?

Where is MetLife's stock going? Where will MetLife's stock price be in 2017?

13 brokers have issued twelve-month price objectives for MetLife's shares. Their forecasts range from $51.00 to $78.00. On average, they anticipate MetLife's stock price to reach $58.89 in the next year. View Analyst Ratings for MetLife.

What are analysts saying about MetLife stock?

Here are some recent quotes from research analysts about MetLife stock:

1. According to Zacks Investment Research, "Shares of MetLife have underperformed the industry year to date. Its second-quarter earnings beat the Zacks Consensus Estimate and grew year over year driven by continued expense discipline and higher fees from improved equity markets. Persistent decline in MetLife’s revenues for more than two years bothers us. Pressure on premium from currency volatility, competitive market conditions and the exit of certain businesses will further suppress revenue growth. Charges related to the BrightHouse Financial spinoff will drain the company’s earnings in the coming quarters. The company’s return on equity also compared unfavorably with the S&P 500, reflecting its inefficient utilization of funds. The stock has witnessed a downward revision in the Zacks Consensus Estimate for 2017 earnings in the past seven days." (8/9/2017)

2. Wells Fargo & Company analysts commented, "We sensed expectations among investors were low for MET going into Q1 earnings, and in our view the quarter at least met those expectations, with the majority of the outperformance relative to our expectation occurring in MetLife Holdings and the Corporate segment. We knew there was some re-positioning of hedging strategies going on in the quarter to make the derivative portfolio more “statutory-friendly” so we are not overly concerned with the net derivative losses (assuming they did not lower statutory capital levels, which will be discussed on the conference call on May 4). As we move toward the spin of Brighthouse, we can see the evolution of RemainCo MetLife’s less volatile earnings profile, which we believe will be rewarded with higher multiples over time." (5/4/2017)

Are investors shorting MetLife?

MetLife saw a increase in short interest during the month of August. As of August 31st, there was short interest totalling 15,344,353 shares, an increase of 71.7% from the August 15th total of 8,938,283 shares. Based on an average daily trading volume, of 5,758,519 shares, the short-interest ratio is presently 2.7 days. Approximately 1.7% of the shares of the stock are short sold.

Who sold MetLife stock? Who is selling MetLife stock?

MetLife's stock was sold by a variety of institutional investors in the last quarter, including FMR LLC, State Street Corp, American Century Companies Inc., Schroder Investment Management Group, Neuberger Berman Group LLC, Artemis Investment Management LLP, Strs Ohio and Bank of New York Mellon Corp. Company insiders that have sold MetLife stock in the last year include Frans Hijkoop, Maria R Morris and Peter M Carlson. View Insider Buying and Selling for MetLife.

MarketBeat's community ratings are surveys of what our community members think about MetLife and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.

MarketBeat calculates consensus ratings using the most recent rating from each brokerage that has rated a stock within the last twelve months. Since brokers often use different ratings systems, each rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings. Each stock's consensus rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months.

MarketBeat will no longer include ratings and price target data in its consensus calculation if a broker drops coverage and MarketBeat has received a report that coverage was dropped. Ratings from certain research firms that issue ratings using purely quantitative methods (such as Zacks, Vetr and ValuEngine) are not included in consensus calculations. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.